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Rupee falls to record low of 64.13 per Dollar. The Indian rupee falling to a record low and the Indo

   
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Published: 12/12/2021 Rating:
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Rupee falls to record low of 64.13 per Dollar. The Indian rupee falling to a record low and the Indonesian rupiah hitting a fresh four-year trough, as capital continued to flow out of the region due to the prospect of a cut in stimulus by the U.S. Federal Reserve. The rupee lost as much as 1.6 percent to 64.13 per dollar and the country's bond yields hit another five-year high. A index of Indian equities markets slipped 130 points or 0.71 percent during afternoon trade Tuesday . PHOTO/Abhishek Debbarma, Agartala, Tripura, India.

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Rupee falls to record low of 64.13 per Dollar. The Indian rupee falling to a record low and the Indonesian rupiah hitting a fresh four-year trough, as capital continued to flow out of the region due to the prospect of a cut in stimulus by the U.S. Federal Reserve. The rupee lost as much as 1.6 percent to 64.13 per dollar and the country's bond yields hit another five-year high. A index of Indian equities markets slipped 130 points or 0.71 percent during afternoon trade Tuesday . PHOTO/Abhishek Debbarma, Agartala, Tripura, India.
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